[Coinbase CEO to Participate in Drafting Market Structure Legislation in Davos] Odaily Planet Daily reports that Coinbase will continue to advance the U.S. crypto market structure legislation during this week's World Economic Forum and meet with several bank CEOs to explore win-win solutions. It emphasized that stablecoins should provide a level playing field for crypto companies and traditional banks and will report discussion progress to the Senate and government. Previously, Coinbase withdrew its support for the legislation due to a draft provision that proposed banning crypto companies from paying interest on idle stablecoin balances. Additionally, Brian Armstrong will engage with global leaders to discuss the potential of crypto in updating the financial system and tokenization in capital markets.